Bitcoin (BTC) Daily Market Analysis 24 February 2026

Bitcoin faces a sharp pullback amid extreme fear and institutional exodus – here's the latest: • Bitcoin down 4.41% to $64,662.80, with extreme Fear & Greed Index readings of 6-20 (24 February 2026) • Institutional capital exits with $724M in spot ETF outflows over seven days, led by GBTC • Futures markets see $103.94M in liquidations, dominated by long positions getting squeezed • Technical breakdown confirmed with a Death Cross; key support at $62,000–$64,000 • Retail remains extremely bullish (70.8% long), a contrarian warning signal against institutional selling